WHAT THE OTHER PAPERS SAY THIS MORNING August 23, 2010 FINANCIAL TIMES COMPANIES NOW TURN TO PRIVATE PLACEMENTS FOR FUNDING Private placement deals – whereby companies tap investors directly for loans – are on track for one of their strongest years, highlighting the extent to which companies are seeking to diversify their funding sources away from banks. Companies tapped the market for $27.4bn in the [...]
Sole bidder Santander makes £1.5bn pitch for RBS branches June 15, 2010 ROYAL Bank of Scotland is hoping to seal a £1.5bn sale of its 318 Williams & Glyn branches to Santander by the third quarter, a source said last night, as the Spanish bank tabled the only final-round bid. The deadline for offers was Monday. RBS, 83 per cent state-owned, is being forced to sell the [...]
Bankers unite in bid to shift tainted image July 13, 2010 BRITAIN’S most senior bankers yesterday launched an impassioned plea to colleagues to unite in banging the drum for the industry, arguing that accepting past failings goes hand in hand with standing up for their vital role in the economy. Royal Bank of Scotland chief executive Stephen Hester challenged delegates at the British Bankers’ Association annual [...]
SPREAD BET GURU August 1, 2010 MARKET STRATEGIST josh@cityindex.co.uk Q. Dear Josh, what aspects are there to consider before using stop losses when spread betting? A. Stop losses can be a good means of protecting your trading risk. The first aspect I would always consider would be whether to use a standard or guaranteed stop loss. Of course, a guaranteed stop [...]
SPREAD BET GURU August 1, 2010 MARKET STRATEGIST josh@cityindex.co.uk Q. Dear Josh, what aspects are there to consider before using stop losses when spread betting? A. Stop losses can be a good means of protecting your trading risk. The first aspect I would always consider would be whether to use a standard or guaranteed stop loss. Of course, a guaranteed stop [...]
Santander enters £2bn final bid for RBS branches June 14, 2010 SPANISH bank Santander has entered a final offer for the network of 318 UK branches being sold by the Royal Bank of Scotland, sources said. Santander, understood to be the last remaining bidder for the assets being offloaded after RBS was bailed out by the taxpayer, has put between £1.5bn and £2bn on the table. [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
SMALL BUSINESS AND START-UP NEWS January 6, 2011 SMES BURDENED WITH VAT ADMIN TASKS Small and medium sized businesses (SME) spend up to one day a week on financial admin tasks such as VAT returns, monthly accounts and tax issues according to findings from Regus research. This has been exacerbated by the introduction of further employment laws and the three VAT changes that [...]
SMALL BUSINESS AND START-UP NEWS January 6, 2011 SMES BURDENED WITH VAT ADMIN TASKS Small and medium sized businesses (SME) spend up to one day a week on financial admin tasks such as VAT returns, monthly accounts and tax issues according to findings from Regus research. This has been exacerbated by the introduction of further employment laws and the three VAT changes that [...]